Cloud Computing

What is 'Cloud Computing'

Cloud computing is a model for delivering information technology services in which resources are retrieved from the internet through web-based tools and applications, rather than a direct connection to a server. Data and software packages are stored in servers. However, cloud computing structure allows access to information as long as an electronic device has access to the web. This type of system allows employees to work remotely.

BREAKING DOWN 'Cloud Computing'

Cloud computing is so named because the information being accessed is found in the "clouds", and does not require a user to be in a specific place to gain access to it. Companies may find that cloud computing allows them to reduce the cost of information management, since they are not required to own their own servers and can use capacity leased from third parties. Additionally, the cloud-like structure allows companies to upgrade software more quickly.

RELATED TERMS
  1. Software As A Service - SaaS

    A cloud-computing approach to providing users with access to ...
  2. Technology Sector

    A category of stocks relating to the research, development and/or ...
  3. Computer Crime Insurance

    An insurance policy that provides protection from crimes committed ...
  4. Chief Information Officer - CIO

    A company executive who is responsible for the management, implementation ...
  5. Mobile Trading

    The use of wireless technology in securities trading. Mobile ...
  6. Internet Of Things

    A network comprised of physical objects capable of gathering ...
Related Articles
  1. Investing

    Cloud Investments: Profitable If Chosen Carefully

    By owning stock in cloud-based service companies, you can follow the latest trends and make money from the explosive growth in the cloud industry.
  2. Markets

    How to Tax The Cloud: An Economic and Legal Riddle

    Various states have been trying to figure out how to tax cloud-based services, but they just might be opening an economic and legal Pandora's box.
  3. Insights

    Behind Microsoft's Shift to Cloud Technology

    Learn about the challenges and competition Microsoft faces as it transitions from a traditional software company to a cloud software provider.
  4. Markets

    The Industry Handbook: Software Industry

    Discover how the software industry has changed throughout the years to become a mainstay for businesses from programming to software as a service.
  5. Investing

    How Intuit's Transition to the Cloud Has Driven Revenue Growth (INTU)

    Learn how Intuit is transitioning its users to the cloud, and how the company's revenue growth is being affected in the short and long terms.
  6. Insights

    Amazon Leads Cloud Services by Wide Margin (AMZN)

    Amazon continues to be the undisputed leader of cloud infrastructure services.
  7. Investing

    8 Best Cloud Storage Solutions for Small Business

    An unbiased list of the top cloud storage solutions for small businesses.
  8. Investing

    Microsoft's New Reporting Structure: A Closer Look (MSFT)

    Learn about the changes being made to the reporting structure of Microsoft's books and how they will affect the way investors read the company's financials.
  9. Investing

    Investing in the Inner Workings of the Internet (CSCO, HPQ)

    A guide for investors looking to bet on the companies that enable the Internet's inner workings
  10. Markets

    Oracle Scores Another Cloud Services Win

    By virtually every measure, the cloud market is poised to explode in the coming months and years. One of the fastest-growing segments within the cloud market is the medical industry, and that's ...
RELATED FAQS
  1. What consumer products drive most of the demand for chips produced by semiconductor ...

    Learn how the demand for consumer products, such as smartphones and cloud-based services, is increasing the market for semiconductor ... Read Answer >>
  2. Why is the Dark Cloud Cover pattern important for traders?

    Learn the significance for traders of the dark cloud cover candlestick pattern, a bearish indicator closely related to the ... Read Answer >>
  3. What is the best software for calculating the cash budget of an individual?

    Explore the options and features of several leading personal finance tools to find the best software for calculating your ... Read Answer >>
  4. Why do companies decide to unbundle their lines of business?

    In recent years, companies have discovered that there are limits to the gains created by having all major business activities ... Read Answer >>
  5. What are some of the most prominent companies in the electronics sector?

    Explore some of the most popular, technologically innovative and widely held companies that are prominent in the consumer ... Read Answer >>
  6. What are some of the better types of financial analysis software?

    Discover what features make for good financial analysis software, some popular options and why analysts need to pick the ... Read Answer >>
Hot Definitions
  1. GBP

    The abbreviation for the British pound sterling, the official currency of the United Kingdom, the British Overseas Territories ...
  2. Diversification

    A risk management technique that mixes a wide variety of investments within a portfolio. The rationale behind this technique ...
  3. European Union - EU

    A group of European countries that participates in the world economy as one economic unit and operates under one official ...
  4. Sell-Off

    The rapid selling of securities, such as stocks, bonds and commodities. The increase in supply leads to a decline in the ...
  5. Brazil, Russia, India And China - BRIC

    An acronym for the economies of Brazil, Russia, India and China combined. It has been speculated that by 2050 these four ...
  6. Brexit

    The Brexit, an abbreviation of "British exit" that mirrors the term Grexit, refers to the possibility of Britain's withdrawal ...
Trading Center